jan 17 & 18 - prep

- friday we had an uptrend day, with price extending the trading range from the bottom of the 2 days BA to 1290.00

- the profile was elongated showing trade facilitation

- ON extended the range to the upside, and inventory is looking to be short???

- initial S area: 1284.25-1283.50 top of the 2 day BA

- S1@1281.75 VPOC of the BA

- S2@1276.00 bottom of the BA

- we have the gap below 1276.00-1274.50 with LVN@1275.00

- initial R@1186.75

- R1@1288.25 POC

- R2@1290.00

- the upper distribution from friday will be treated as a separate day; i will monitor for price acceptance below the low of it or above

- BA scenarios applies, with monitoring price acceptance/rejection and setups around BAH and initial R, for an initial area to sell with destination trade the other BA extreme

- or acceptance of price at BAH and possible move up, with long around BAH and destination trade ONH@1291.50